Shibarium Hits 4 Million Transactions On The Network

Since its inception on August 16, Shibarium, the layer 2 blockchain network developed by the creators of the Shiba Inu (SHIB) cryptocurrency ecosystem, has sparked significant interest. This is evident in the growing number of wallets and the recent achievement of a new record in transaction volume.

Indeed, Shibarium has reached a new all-time high (ATH) by surpassing the milestone of 4 million transactions (4,007,358 as of the current publication). This data, sourced from the Shibariumscanexplorer on November 21, highlights the continual expansion of its user base.

 

Presently, the cumulative count of cryptocurrency wallets on Shibarium reaches 1,270,675, indicative of an approximate daily growth rate of 13,099 new addresses since its inception. This represents an addition of 20,611 wallets since the last report by Finbold on September 21.

BONE Price Analysis

In the meantime, BONE, which is dubbed as “passport to Shibarium” by Shytoshi Kusama, the developer of the Shiba Inu crypto ecosystem and ShibaSwap decentralized exchange (DEX), is changing hands at the price of $0.64, recording a decrease of -3.17% on the day, down -5.11% in a week and down -10.21% across the previous 30 days, as per the latest data.

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